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<p>[QUOTE="medoraman, post: 1809187, member: 26302"]Lucy, if a law was broken then of course collectively as Americans we are interested since its our laws. However, that is pretty much the end of it for most PM owners. I say that since most pm owners DO NOT PARTICIPATE in these markets. We do not buy/sell/or hedge there. We may be interested in them since people seem to price what we buy off of them, but we are not direct participants in this market. The market does not CARE what we think of it, or if we use its numbers for our purposes. We pay them nothing, so we have no voice in thier decision making processes. </p><p><br /></p><p>So, of course, if a law is broken in this market I am as involved as I am if someone steal a purse or someone commits mortgage fraud. They are collectively all of our laws, so in that regard we are all involved in their prosecution. My only point is just because I might buy junk silver DOES NOT give me any more right to be involved in illegal trading of silver, or have the silver market give a crud about my opinions, than any man on the street. </p><p><br /></p><p>Regarding 5 years of investigations, that is not very uncommon in these types of things. Heck, a whole lot of investigations into the 2008 market collapse are still ongoing. I do not think you can imply guilt simply by how long the government takes to look at something.</p><p><br /></p><p>As to the "trader", they have not disputed he was NOT a pm trader, and never traded pm at all until he started doing it on his own dime as a daytrader. Yet this man was trotted out in 2010 as a "whistleblower" with "20 years of brokerage experience and a pm expert". The only person who really declares him a pm expert is himself and others who wish to use him. If he never traded pm professionally, how is he any different than anyone on this board?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1809187, member: 26302"]Lucy, if a law was broken then of course collectively as Americans we are interested since its our laws. However, that is pretty much the end of it for most PM owners. I say that since most pm owners DO NOT PARTICIPATE in these markets. We do not buy/sell/or hedge there. We may be interested in them since people seem to price what we buy off of them, but we are not direct participants in this market. The market does not CARE what we think of it, or if we use its numbers for our purposes. We pay them nothing, so we have no voice in thier decision making processes. So, of course, if a law is broken in this market I am as involved as I am if someone steal a purse or someone commits mortgage fraud. They are collectively all of our laws, so in that regard we are all involved in their prosecution. My only point is just because I might buy junk silver DOES NOT give me any more right to be involved in illegal trading of silver, or have the silver market give a crud about my opinions, than any man on the street. Regarding 5 years of investigations, that is not very uncommon in these types of things. Heck, a whole lot of investigations into the 2008 market collapse are still ongoing. I do not think you can imply guilt simply by how long the government takes to look at something. As to the "trader", they have not disputed he was NOT a pm trader, and never traded pm at all until he started doing it on his own dime as a daytrader. Yet this man was trotted out in 2010 as a "whistleblower" with "20 years of brokerage experience and a pm expert". The only person who really declares him a pm expert is himself and others who wish to use him. If he never traded pm professionally, how is he any different than anyone on this board?[/QUOTE]
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